Chapter 279 Playing It Big! (1/2)

In this matter, the crowd was divided into two factions.

One faction thought that it would be better to not disclose the matter immediately. After all, once announced, the product would encounter patent lawsuits from ASML, and they would get into troublesome court procedures. The product might even get banned from foreign markets.

So, why not first product a batch of EUV lithography machines like some 10, 20 units to fill in all production lines before welcoming a lawsuit for themselves. This was called ”securing the rice bowl”.

But these ideas were quickly refuted by the other faction.

”We need to announce it right away!”

”After AMSL ban the sales of our lithography machine, the industry generally believes that Zhong Xin International will be put into shock for at least three years. In this period of time, we will be unable to improve our production capacity and revenue. Besides, in the face of Samsin and Mossy Electrics's price war, our profits will shrink continuously… under the effects of various aspects, the situation we will be facing is not optimistic.”

”Our intuition can be seen from the stock market. Since October last year until May this year, our stock price has been constantly falling for half a year. Our market value had plummeted from its peak at 250 billion to 120 billion now. More than 100 billion dollars had evaporated. All these is already enough for us to buy hundreds of EUV lithography machines.”

”We must immediately restore the confidence our investors are losing.”

”We must pull back our market value!”

”There's no need to be afraid of a lawsuit. We are under the special clause protection of the 'Patent Law'. The foreigners can't do anything to us, at least in the Z nation market. Besides, more than 80% of our business is carried out within our borders. That little market we have overseas is nothing compared to a hundred-billion-dollar market value.”

In short, it was a must for this matter to be announced without delay.

However, Chen Jin spun his eyes and had a eureka.

120 billion… Zhong Xin's current market value had actually become so cheap.

Those investors within the country really do not possess any insight, and their level was relatively low as well, no wonder they were revered as the ”chive marketers” that would blindly follow market trends to buy in or sell off stock. All of them were pathetically short-sighted and was incapable of noticing any potentials dwelling within the market that would benefit them in the long run.

In the end, they were only speculating.

Even for unlisted companies as Hua Yao, the stocks of their suppliers had plummeted when the company encountered a huge crisis a few years ago… this clearly shown what kind of people the investors were.

He put forward his suggestion to Zhang Wei Jin.

”Zhong Xin's market value isn't that high as of now, only at some hundred billion dollars. Why not you privatize and delist yourself. Currently, Xing Hai Technologies owns 38% of your market shares. Why not I buy all the rest of them. Zhong Xin will become Xing Hai Technologies's wholly owned subsidiary and can focus solely on developing in the chip field. You won't need to care about investors or whatsoever anymore.”

Upon listening to his words, Zhang Wei Jin glanced at him. He then shook his head and refused his suggestion.

”Zhong Xin is one of the key enterprises under government support with the country owning 15% of our shares. First of all, you can't withdraw these shares.”

”And you are too naïve. You are completely oblivious about the power of the market and how much profit it could bring forth. The market is a lever. A lever which multiplies revenue by tenfold or even hundredfold.”

”Let me be honest with you. All 20 thousand personnel's in Zhong Xin International, including me and the executive members, had place all of our fluid capital and even mortgaged our fixed assets into the stock market, buying our own stocks. We all believe that it will definitely skyrocket.”

”If the company is delisted, all of us will gain nothing or even suffer from severe losses. Nobody would agree to do so.”

The reason why all of Zhong Xin International kept it in the dark was because they were gambling for their stocks to rise.

Hence, the advice Zhang Wei Jin gave Chen Jin was, rather than hoping for Zhong Xin International to get privatized and delisted, why not increase his shares and invest a little more money, which would be the more realistic approach.

The whole company playing the stock market.

Chen Jin shook his head. This was just like gambling which was highly addictive. But it could irrefutably give someone a colossal amount of revenue.

He scraped his idea of privatizing the company, neither did he intended to increase his shareholdings… he was already warned by the Securities Regulatory Bureau once last year.

At the same time that they decided to disclose Zhong Xin International's achievements in the 5 nm process technology and them overcoming the sales ban of EUV lithography machines, Zhong Xin's higher ups still wished to increase their wager!

They wanted to play with something bigger, announcing another equally heavy news.

The super resolution lithography machine!

Announce the super resolution lithography machine at the same time.